Short Interest in Solid Power, Inc. (NASDAQ:SLDPW) Declines By 74.0%

Solid Power, Inc. (NASDAQ:SLDPW) saw a large decrease in short interest in the month of December. As of December 15th, there was short interest totaling 804 shares, a decrease of 74.0% from the November 30th total of 3,096 shares. Based on an average daily trading volume, of 57,925 shares, the short-interest ratio is presently 0.0 days. Based on an average daily trading volume, of 57,925 shares, the short-interest ratio is presently 0.0 days.

Solid Power Price Performance

NASDAQ:SLDPW opened at $0.92 on Thursday. The business’s 50-day simple moving average is $1.20 and its two-hundred day simple moving average is $0.77. Solid Power has a 52 week low of $0.08 and a 52 week high of $2.33.

About Solid Power

Solid Power, Inc (NASDAQ: SLDPW) is a developer and manufacturer of all-solid-state rechargeable battery cells, targeting applications in electric vehicles, aerospace, and defense markets. The company’s core technology centers on high-energy-density sulfide-based solid electrolytes, which replace the liquid electrolytes found in conventional lithium-ion batteries. By leveraging solid electrolytes, Solid Power aims to enhance safety, prolong cycle life, and increase energy density, addressing key challenges in next-generation battery systems.

Solid Power’s product portfolio includes prototype and pre-commercial solid?state cells designed for automotive use, with anticipated energy densities exceeding those of current lithium-ion offerings.